GRP buys Camberford Law
Insurance Age has learned that the deal sees MD David Ottewill leave the wholesale specialist.
Global Risk Partners (GRP) has acquired a majority stake in Camberford Law, the Bromley-based specialist MGA, Insurance Age can reveal.
Managing director David Ottewill will leave the business and Simon Carter, director, will assume the role of MD.
Camberford Law director Paul Cooper will also remain for a short period to assist in the transition to GRP. The ongoing management team will have an equity stake in the business.
The terms of the acquisition, which has received regulatory approval
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